Chara - About the company
Chara is a series A company based in Bengaluru (India), founded in 2019 by Ravi Prasad and Mahalingam Koushik B. It operates as a Manufacturer of rare-earth free motor systems and intelligent motor controllers. Chara has raised $11.9M in funding from investors like Kalaari Capital, BIG Capital and Exfinity Venture Partners, with a current valuation of $*****. The company has 607 active competitors, including 37 funded and 49 that have exited. Its top competitors include companies like Turntide, Varroc and TSUYO.
Company Details
Manufacturer of rare-earth free motor systems and intelligent motor controllers. The company develops synchronous reluctance motor systems that maximize efficiency and eliminate electromagnetic losses. It utilizes cost-effective, high-strength materials for enhanced durability. The company's motor control systems ensure optimum efficiency, thermal management, and smooth torque delivery.
- Website
- www.chara.co.in/
- Social
- Email ID
- *****@chara.co.in
- Registered Address
- No 733/147, 21st main, 2nd cross, HSR Layout Sector 1, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Series A
Total Funding
$11.9M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 17, 2025
Investors
Ranked
5th among 607 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
76 as on Aug 31, 2025
Legal entities associated with Chara
Chara is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHARA TECHNOLOGIES PRIVATE LIMITED CIN: U34300KA2019PTC129393 , India, Active | Nov 07, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | 70 (As on Apr 01, 2026) |
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Chara's funding and investors
Chara has raised a total funding of $11.9M over 5 rounds. Its latest funding round was a Series A round on Feb 25, 2025 for $*****. 5 investors participated in its latest round. Chara has 9 institutional investors.
Here is the list of recent funding rounds of Chara:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 25, 2025 | 2242062 | Series A | 5794286 | 6902862 | 2967024 | 1980232 |
Dec 29, 2022 | 3862439 | Seed | 5629348 | 9165344 | 2894559 | |
Apr 07, 2022 | 1429610 | Seed | 4090806 | 2176741 | 2531645 |
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Chara's founders and board of directors
Founder? Claim ProfileThe founders of Chara are Ravi Prasad and Mahalingam Koushik B.
Here are the details of Chara's key team members:
- Ravi Prasad: Co-Founder of Chara. Contact Info: 1 email address
- Mahalingam Koushik B: Co-Founder & CTO of Chara.
Chara's Board of Directors
Chara's board has 1 active member. Bhaktha Keshavachar is part of team.Here is the list of Chara's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 9m |
View details of Chara's Founder profiles and Board Members
Chara's employee count trend
Chara has 76 employees as of Aug 25. The total employee count is 4.0% more than what it was in Aug 24. Here is Chara's employee count trend over the years:
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Chara's Competitors and alternates
Top competitors of Chara include Turntide, Varroc and TSUYO. Here is the list of Top 10 competitors of Chara, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Turntide 2013, Sunnyvale (United States), Series D | Provider of smart energy management solutions | $535M | 70/100 | |
2nd | Manufacturer of automotive components | $50.1M | 65/100 | ||
3rd | Platform offering motors for multi-category electric-three wheelers | $4.5M | 64/100 | ||
4th | Manufacturer and supplier of solar powered DC surface and submersible pumps | $5M | 58/100 | ||
5th | Manufacturer of rare-earth free motor systems and intelligent motor controllers | $11.9M | 57/100 | ||
6th |  Infinitum 2016, Round Rock (United States), Series E | Manufacturer of AC induction motors | $385M | 57/100 | |
7th | Nidec Group 1973, Germany, Public | Manufacturer of motors, machinery, electronic and optical components, and related products | - | 56/100 | |
8th | Manufacturer of electric motors for multiple categories of vehicles | $15M | 55/100 | ||
9th | Developer of electric motors and FiberPrinting technology for diverse industries | $18.2M | 54/100 | ||
10th | QM Power 2006, Kansas City (United States), Series C | Provider of energy efficient motor | $16.1M | 53/100 |
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Chara's Latest cap tables and shareholding
Founders own 37.86%, Funds (largest shareholder) own 51.98%, Enterprises own 1.17% and ESOP Pool own 8.99%. The net worth of Chara's founders is INR 107Cr as of Oct 17, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 37.86% | 107Cr | 7780853 | 4482938 | 8725538 | 8338734 |
63007 | 50196 | 59702 | 70779 | 59088 | 28840 | |
87976 | 89102 | 60942 | 79580 | 61900 | 56451 | |
Fund | 51.98% | 147Cr | 2350660 | 7290310 | 9194306 | 3642009 |
1315173 | 4333279 | 3473692 | 8104131 | 8010952 | 3882076 | |
4928687 | 8708198 | 5018712 | 5642313 | 2095613 | 9235700 | |
8027016 | 6258003 | 1434077 | 8979395 | 6486765 | 3640402 | |
4311491 | 8849553 | 7445927 | 8606805 | 4293264 | 1372234 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 1.17% | 3.31Cr | 6 | 3 | 1 | 4 |
ESOP Pool | 8.99% | 25.4Cr | 6840385 | 7986281 | 1570691 | 3243580 |
Total | 100.00% | 283Cr | 8832507 | 1144532 | 2796457 | 6181768 |
To unlock detailed Cap Table of Chara Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Chara's Shareholding
Chara's Investments and acquisitions
Chara has made no investments or acquisitions yet.
Reports related to Chara
Here is the latest report on Chara's sector:
News related to Chara
Media has covered Chara for a total of 2 events in the last 1 year, 1 of them has been about company updates.
•
Corporates cool on deeptech investments due to longer time to marketThe Economic Times•Oct 25, 2025•Ezetap, Chara, Archean Chemical Industries, SpaceFields and 2 others
•
Chara Technologies secures Rs 52 crore to boost rare-earth-free motor productionMoneycontrol•Oct 13, 2025•IIMA Ventures, Chara, Greaves Cotton, Sonalika and 7 others
•
Deeptech startup Chara raises $4.75 Mn in pre-series A roundEntrackr•Jan 17, 2023•Kalaari Capital, Chara, Exfinity Venture Partners, BIG Capital and 4 others
•
Bounce partners with Deeptech startup Chara for fleet electrificationDataquest•Aug 11, 2021•Bounce, Chara, CHARA Technologies
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